Andrew P. Alin 

Partner – New York
T.+1 212 504 6889
andrew.alin@cwt.com
200 Liberty Street
New York, NY 10281 V-CARD

Andrew Alin has a broad-based mergers and acquisitions and general corporate practice. He represents financial institutions and other strategic parties, as well as private equity sponsors and hedge funds, in public company mergers (both solicited and unsolicited), asset sales, subsidiary carve-outs, corporate governance matters, proxy contests, joint ventures, spin-offs, recapitalizations and other complex transactions. 

Andy has been named a “Rising Star” by The IFLR 1000 in the areas of mergers and acquisitions and private equity transactions.  He received his J.D., cum laude, from University of Pennsylvania Law School, and a B.A., magna cum laude, from University of Pennsylvania. He is admitted to practice in the State of New York. Andy is an author of “Specialty Finance Mergers and Acquisitions: Developments and Considerations,” which appeared in The M&A Lawyer, May 2013.

Andy has advised clients on several high-profile transactions, including:

  • A global financial institution in connection with its strategic partnership with a financial technology company and trading platform;
  • Community Bank System, Inc. in its pending $106.8 million acquisition of Steuben Trust Corporation; its acquisition of Kinderhook Bank Corp.; its $352 million acquisition of Merchants Bancshares, Inc.; and its $140 million acquisition of Northeast Retirement Services, Inc.;
  • Elliott Management Corporation in its majority equity investment in small business loan provider Channel Partners Capital;
  • The Kriete family, a significant shareholder of Avianca Holdings S.A., in connection with Avianca's joint business agreement with United Airlines and Copa Airlines and its right to put its Avianca shares to United;
  • Sompo International in its acquisition of the operating subsidiaries of Lexon Surety Group LLC, the second largest independent surety insurer in the U.S.;
  • Salix Pharmaceuticals, Ltd. in its $15.6 billion acquisition by Valeant Pharmaceuticals International, Inc.;
  • Canadian Pension Plan Investment Board in its $12 billion acquisition of Antares Capital, a part of the General Electric financial services arm GE Capital;
  • A consortium consisting of WL Ross & Co. LLC, The Blackstone Group, The Carlyle Group, Centerbridge Capital Partners, other investors and a management team led by John Kanas in their $900 million acquisition of the banking operations of BankUnited, FSB in an auction by the FDIC, as receiver. This deal was named “Private Equity Deal of the Year” 2009 by International Financial Law Review; 
  • BankUnited, Inc. in several transactions, including its $900 million initial public offering, the then-largest U.S. bank IPO in history; its acquisition of the Small Business Finance Unit of CertusHoldings; its acquisition of Herald National Bank; and its acquisitions of its municipal finance and commercial leasing platforms from Koch Financial Corporation and Butler Capital Corporation, respectively; 
  • Seacoast Banking Corporation of Florida in its successful defense against a withhold the vote campaign by Capgen Capital Group and entry into an Observer Rights Agreement with Basswood Capital Management;
  • Seacoast Banking Corporation of Florida in its acquisitions of Floridian Financial Group, Inc. and GulfShore Bancshares, Inc.;
  • Hudson Executive Capital in connection with its investment in Cardtronics plc;
  • Arrowgrass Capital Partners in connection with its exempt solicitation opposing Ensco plc’s merger with Atwood Oceanics;
  • The Medicines Company in its agreement to sell its infectious disease business to Melinta Therapeutics, Inc. for $270 million and royalty payments on net sales of the pharmaceutical products sold to Melinta in the transaction; and the sale of three of its marketed cardiovascular products and related assets to Chiesi Farmaceutici S.p.A. for up to $792 million; 
  • Symplicity Corporation in its sale to an affiliate of H.I.G. Capital;
  • Endurance Specialty Holdings Ltd. in its unsolicited $3.2 billion proposal to acquire Aspen Insurance Holdings Limited and related proxy contest; 
  • CVC Capital as a founding investor in Fidelis Insurance Holdings Limited, a newly formed Bermuda-based specialty insurance company;
  • Massachusetts Mutual Life Insurance Company in its $400 million acquisition of the retirement plans business of The Hartford Financial Services Group, Inc. (named 2012 “Deal of the Year” at the 20th Annual Mutual Fund Industry Awards); 
  • The Blackstone Group in its $277 million acquisition of a controlling equity stake in Exeter Finance; and its acquisition of Lendmark Financial Services Inc., a consumer lending business, from BB&T Corporation;
  • Conflicts Committee of the Board of Directors of Dynagas LNG Partners LP in the $240 million purchase from Dynagas Holding Ltd., the partnership's sponsor, of the entity that owns and operates the Lena River, a 2013-built ice class liquefied natural gas carrier;
  • Acorda Therapeutics, Inc. in its acquisition of Civitas Therapeutics, Inc.;
  • EverBank in several transactions, including its acquisition of Tygris Commercial Finance Group;
  • Hamilton Insurance Group, Ltd. in its acquisition of S.A.C. Re, Ltd., as well as its initial formation and capitalization; 
  • WL Ross & Co. LLC as lead investor in the recapitalization of several banking organizations, including First Michigan Bancorp, Inc.; Sun Bancorp, Inc.; Cascade Bancorp; and Amalgamated Bank; 
  • A consortium of private equity investors including affiliates of Oaktree Capital Management L.P., Pine Brook Road Partners, LLC and Stone Point Capital LLC in the organization of AloStar Bank of Commerce and its simultaneous acquisition of the operations of Nexity Bank from the FDIC; 
  • Ford Financial Fund, L.P. in its $500 million acquisition of a 91 percent equity stake in Pacific Capital Bancorp; 
  • The Bear Stearns Companies Inc. in its $1.2 billion merger with JPMorgan Chase & Co.; 
  • Lone Star Funds in its $1.5 billion acquisition of the home lending business of CIT Group Inc.; 
  • Fremont General Corporation in the $1.9 billion sale of its commercial real estate lending business and related loan portfolio to iStar Financial Inc.;
  • UBS Investment Bank and Goldman, Sachs & Co. as financial advisors to Nationwide Mutual Insurance Company in its $2.4 billion acquisition of the remaining minority stake in Nationwide Financial Services, Inc. that it did not already own;
  • Goldman, Sachs & Co. as financial advisor to The Bank of New York Company, Inc. in its $16.5 billion merger with Mellon Financial Corporation; and to AmSouth Bancorporation in its $10 billion merger with Regions Financial Corporation;
  • Morgan Stanley & Co. Incorporated as financial advisor to The South Financial Group, Inc., a bank holding company, in its $192 million acquisition by TD Bank Financial Group;
  • Keefe, Bruyette & Woods, Inc. as financial advisor in numerous transactions, including to Flagstar Bancorp, Inc. in a $250 million investment by MatlinPatterson Global Advisers LLC, a private equity firm, and to Bank of Granite Corp. in its acquisition by FNB United Corp.;
  • Deutsche Bank Securities Inc. as financial advisor to New York Life Insurance Company in the sale of its insurance operations in Hong Kong and South Korea to ACE Limited and its insurance joint venture in Thailand to Siam Commercial Bank Public Company Limited;  
  • Refco Inc. and its subsidiaries in the $323 million sale of Refco’s global regulated futures brokerage business to Man Financial, Inc. in a bankruptcy auction; and
  • Cendant Corporation in the spin-off of its mortgage and fleet management subsidiary, PHH Corporation, and the formation of PHH Home Loans, LLC, its mortgage services joint venture with PHH Mortgage Corporation.

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Andrew P. Alin 

Admissions

  • New York

Education

  • University of Pennsylvania Law School
    J.D., cum laude
  • University of Pennsylvania
    B.A., magna cum laude

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